SPDR S&P Dividend ETF $SDY Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 378,417 shares of the company’s stock after acquiring an additional 3,684 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.26% of SPDR S&P Dividend ETF worth $53,050,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Insight Inv LLC acquired a new position in shares of SPDR S&P Dividend ETF during the second quarter worth about $27,000. Global Wealth Strategies & Associates raised its holdings in shares of SPDR S&P Dividend ETF by 985.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 217 shares of the company’s stock valued at $30,000 after buying an additional 197 shares during the period. Private Wealth Asset Management LLC lifted its position in SPDR S&P Dividend ETF by 1,245.5% during the 2nd quarter. Private Wealth Asset Management LLC now owns 296 shares of the company’s stock worth $40,000 after acquiring an additional 274 shares in the last quarter. Total Investment Management Inc. purchased a new position in SPDR S&P Dividend ETF in the 2nd quarter worth approximately $43,000. Finally, Kilter Group LLC acquired a new stake in SPDR S&P Dividend ETF in the second quarter valued at approximately $48,000. 43.42% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Stock Down 1.1%

Shares of NYSEARCA SDY traded down $1.61 during trading on Tuesday, reaching $144.90. 43,210 shares of the stock were exchanged, compared to its average volume of 500,585. The business’s 50-day moving average price is $140.54 and its 200 day moving average price is $139.73. The company has a market capitalization of $20.58 billion, a price-to-earnings ratio of 19.85 and a beta of 0.79. SPDR S&P Dividend ETF has a twelve month low of $119.83 and a twelve month high of $146.92.

About SPDR S&P Dividend ETF

The SPDR S&P Dividend ETF seeks to closely match the returns and characteristics of the S&P High Yield Dividend Aristocrats Index (the Index). The Index is designed to measure the performance of the 60 highest dividend yielding S&P Composite 1500 Index constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 25 consecutive years. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.